3 Things to Watch When Apple Inc. Reports Earnings
Apple (NASDAQ: AAPL) is expected to report its fiscal third-quarter financial results on August 1, after market close. I don't expect this earnings report to be particularly interesting from the financial side of things. Apple's financial results are largely driven by its iPhone business unit and last quarter, Apple was still selling its old iPhone 7 series smartphones.
Things should get interesting later in the calendar year when Apple begins rolling out its new iPhone models, which many believe will be compelling enough to trigger a so-called "super cycle" that'll lead to a big surge in unit demand.
Image source: Apple.
Source: Fool.com
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